The Gilded Age

When was the Transcontinental Railroad completed?

• 1865

• 1869

• 1875

• 1880

What was one major impact of the Transcontinental Railroad on travel time?

• It increased travel time from weeks to months.

• It cut travel time from months to just a few weeks.

• It had no effect on travel time.

• It doubled the travel time.

How did railroads help develop a national market?

• By increasing local trade only.

• By allowing manufacturers to advertise and sell goods nationwide.

• By limiting the distribution of goods.

• By reducing the need for advertising.

What could manufacturers do thanks to the development of railroads?

• Advertise only locally.

• Advertise in magazines and newspapers nationwide.

• Stop advertising altogether.

• Only sell goods in local markets.

According to the text, what is a disadvantage of large businesses?

• They are more efficient.

• They can produce goods in large quantities.

• They sometimes exploit workers.

• They lead to lower prices.

How do large businesses affect prices, according to the text?

• They increase prices.

• They have no effect on prices.

• They lead to lower prices.

• They make prices unpredictable.

What is one way large businesses can influence government policies?

• By being more efficient.

• By hiring fewer workers.

• By having an unfair influence.

• By producing fewer goods.

What competitive advantage do large businesses have over smaller ones?

• They are less efficient.

• They have an unfair competitive advantage.

• They produce fewer goods.

• They hire fewer workers.

What is a pro of large businesses related to production?

• They produce goods in small quantities.

• They produce goods in large quantities.

• They produce goods at higher prices.

• They produce goods with fewer workers.

What did workers form to act as a group and fight for better working conditions?

• Corporations

• Unions

• Political parties

• Charities